Anywhere Real Estate Inc. (NYSE:HOUS) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lessened its stake in Anywhere Real Estate Inc. (NYSE:HOUS) by 1.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 255,371 shares of the company’s stock after selling 4,331 shares during the quarter. Franklin Resources Inc. owned approximately 0.23% of Anywhere Real Estate worth $1,185,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Quarry LP acquired a new stake in Anywhere Real Estate during the third quarter valued at approximately $26,000. Townsquare Capital LLC acquired a new stake in shares of Anywhere Real Estate during the 3rd quarter valued at approximately $52,000. Headlands Technologies LLC bought a new position in Anywhere Real Estate during the second quarter worth $40,000. Ballentine Partners LLC bought a new stake in Anywhere Real Estate during the third quarter valued at $62,000. Finally, Virtu Financial LLC raised its holdings in shares of Anywhere Real Estate by 24.6% during the third quarter. Virtu Financial LLC now owns 15,305 shares of the company’s stock worth $78,000 after purchasing an additional 3,022 shares during the period. Institutional investors own 97.56% of the company’s stock.

Analysts Set New Price Targets

Separately, Barclays lifted their price target on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a report on Wednesday, December 11th.

Anywhere Real Estate Trading Down 1.8 %

Shares of NYSE HOUS opened at $3.34 on Friday. The company has a market cap of $371.62 million, a price-to-earnings ratio of -2.15 and a beta of 2.32. The stock’s 50 day simple moving average is $4.17 and its 200 day simple moving average is $4.36. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34. Anywhere Real Estate Inc. has a 12-month low of $3.01 and a 12-month high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the firm posted $0.15 EPS. The business’s revenue was down 3.1% compared to the same quarter last year. Equities research analysts expect that Anywhere Real Estate Inc. will post -0.7 EPS for the current year.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.